President Claudia Sheinbaum held a meeting this Tuesday with the executive director of Citi, Jane Fraser, in which they addressed the “good economic prospects” of Mexico.
“At the National Palace, I gladly received the executive director of Citi, Jane Fraser; a great woman. We talked about the good economic prospects for our country,” Sheinbaum noted in a brief message on X.
The president shared a photograph of the meeting, where she is seen next to Fraser, in one of the hallways of the National Palace, her official residence in the Mexican capital.
For his part, Fraser expressed in a statement his “sincere gratitude” to Sheinbaum “for his continued support of Citi.”
“Mexico is one of our most important markets, where we have deep roots that span more than a century. We remain deeply committed to supporting Mexico’s long-term economic growth and prosperity, serving companies and institutions throughout the country,” he noted.
Fraser also stated that the bank will continue to support investment in Mexico.
“We value the President’s leadership and look forward to continuing to work collaboratively with our clients to strengthen investment, promote innovation and contribute to the country’s economic resilience,” concluded the Citi CEO.
On December 15, Citigroup announced the closing of the sale of its shareholding in Grupo Financiero Banamex to Mexican businessman Fernando Chico Pardo and his immediate family, after the purchase was announced at the end of September.
“The transaction, which was announced in September, received all necessary authorizations from Mexican financial and competition regulators and all closing conditions have been met,” Citi added in a statement.
On that occasion, Fraser highlighted that “the closing of this operation” brings the strategic priority of “divesting” in Banamex closer and “puts it in the hands of one of the most successful Mexican investors.”
With information from EFE.
Find here the most outstanding news of Mexican politics
